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Portland Trail Blazers and Real Estate

As of today, there are 162 residential listings in Portland priced over $1,000,000 showing active in RMLS. There are 76 in Lake Oswego and 37 in West Linn. There are a total of 3631 active residential listings in the three cities combined. The most you can spend in the area? $5,750,000 in Dunthorpe.

The whole city should be breathing a collective sigh of relief that Joel Pryzbilla will remain a Blazer. While being a Blazer fan isn’t the easiest thing these days, there is some additional light at the end of the tunnel. If Paul Allen can hold on, maybe we can too.

The Blazers also made two new millionaires yesterday by signing their top two draft picks, Lamarcus Aldrich and Brandon Roy. At their age, we can presume that they will be first-time buyers. Whether or not they will buy is anyone’s guess at this point.

Theo Ratliff bought a home in Lake Oswego in February of 2005. Traded away to the Celtics, along with Sebastian Telfair, his home may be on the market soon. Scottie Pippen’s house, built by JC Reeves in 2001, is actively on the market for $3.5M.

Damon Staudamire also has a home in Lake Oswego. Though no longer a Blazer, he has strong ties to the area and is a long time fan favorite. As the Blazers continue to wheel and deal players through the off season, we may see the moving truck roll up to other Blazer homes and the sign go up in the yard.

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